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January 28, 2017

Puerto Rico: Colonial Oversight Board Meets as Crisis Deepens

The meeting comes after the new governor ended an inquiry into the legality of $70 billion debt and passed a bill prioritizing paying creditors.

On Saturday the “control” board created by the U.S. Congress to manage Puerto Rico’s $70 billion debt crisis will meet in Fajardo, Puerto Rico amidst ongoing concerns about the anti-democratic nature of the debt restructuring plans. Read more.